1 Level
5 Review
2 Karma
Review on Electroneum by Przemek Czajkowski
Mobile mining crypto
Electroneum heavily focuses on bringing forward mobile adoption. The wallet-based application is targeted at audiences that are largely mobile phone reliant. They aim to bring about a new change in the mining scene by creating a mobile mining experience. Considering the fact that most people in the world possess phones and, cannot afford, or own equipment that allows computationally heavy tasks, this mobile-based application assures that the benefits of mining are not beyond anybody’s reach.
However, mobile mining is more of a simulation than actual mining. The idea is to familiarize individuals about the mining experience without the complexities that are associated with mining. This is to enable the growth and mass adoption of the technology of blockchain. The users are given incentives for participating in the mining process. Electroneum has also developed associations with mobile network operators.
Pros
- Easy to use
- Not too many risks associated with it
- Electroneum has an extremely handy Instant Pay feature
- Etn is mobile based and convenient
- It is available in 20 different languages Easy KYC process
Cons
- Suffered an attack in its initial stages
- No support for fiat currencies yet
- Only a few cryptocurrency exchanges list ETN
- Its growth has not been too impressive
